1110 S Oakhurst Drive Pending

Los Angeles,CA 90035

$ 4495000

- Bed

0 Bath

13939 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 13,939 sqft

Price per Sqft $322

MLS Listing ID CL25518655

HOA Y/N No

Year Built 1966

Lot Size 9,692 Sqft

Acres 0.22

Property Sub-Type Other

Property Description

Pleased to present 1110 S Oakhurst Dr, a 13 unit apartment building located adjacent to Beverly Hills, California. Constructed in 1966, this property features (5) one-bedroom + one-bathroom units, (4) one-bedroom + one-and-a-half-bathroom units with a den, and(4) two-bedroom + two-bathroom units. The building encompasses 13,939 gross square feet and is seton a 9,689-square-foot lot.Situated on a picturesque, tree-lined residential street, 1110 S Oakhurst Dr offers exceptional access to employment opportunities, particularly with the media and technology growth in Hollywood/Miracle Mile. The property is also surrounded by LA's iconic landmarks and dining destinations, such as Rodeo Drive and Century City Mall. Additionally, it provides convenient access to major thorough fares including Olympic Blvd, Pico Blvd, and Robertson Blvd.1110 S Oakhurst Dr represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.63% with the ability to improve to a 6.79% CAP rate once units turnover.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 4332005045

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